Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jiangsu Rainbow Heavy Industries Co., Ltd. (002483.SZ)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$86.78 - $102.24$95.82
Multi-Stage$61.69 - $67.68$64.63
Blended Fair Value$80.23
Current Price$7.11
Upside1,028.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS21.41%10.52%0.140.100.130.110.050.050.050.060.010.04
YoY Growth--38.76%-20.60%20.63%101.96%-1.70%0.27%-15.98%404.08%-69.91%-19.38%
Dividend Yield--2.07%2.18%2.42%1.43%1.13%1.13%1.15%1.33%0.14%0.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)454.23
(-) Cash Dividends Paid (M)287.99
(=) Cash Retained (M)166.25
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)90.8556.7834.07
Cash Retained (M)166.25166.25166.25
(-) Cash Required (M)-90.85-56.78-34.07
(=) Excess Retained (M)75.40109.47132.18
(/) Shares Outstanding (M)883.53883.53883.53
(=) Excess Retained per Share0.090.120.15
LTM Dividend per Share0.330.330.33
(+) Excess Retained per Share0.090.120.15
(=) Adjusted Dividend0.410.450.48
WACC / Discount Rate1.51%1.51%1.51%
Growth Rate5.50%6.50%7.50%
Fair Value$86.78$95.82$102.24
Upside / Downside1,120.57%1,247.66%1,338.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)454.23483.76515.20548.69584.36622.34641.01
Payout Ratio63.40%68.72%74.04%79.36%84.68%90.00%92.50%
Projected Dividends (M)287.99332.44381.46435.44494.83560.11592.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.51%1.51%1.51%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)324.41327.49330.56
Year 2 PV (M)363.26370.18377.16
Year 3 PV (M)404.65416.27428.10
Year 4 PV (M)448.74466.00483.75
Year 5 PV (M)495.66519.60544.46
PV of Terminal Value (M)52,471.5455,005.9457,637.33
Equity Value (M)54,508.2757,105.4759,801.37
Shares Outstanding (M)883.53883.53883.53
Fair Value$61.69$64.63$67.68
Upside / Downside767.71%809.05%851.97%

High-Yield Dividend Screener

« Prev Page 63 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
112610.KSCS Wind Corporation2.43%$982.8921.73%
300452.SZAnhui Sunhere Pharmaceutical Excipients Co.,Ltd.2.43%$0.3358.46%
603599.SSAnhui Guangxin Agrochemical Co., Ltd.2.43%$0.2835.02%
605286.SSJiangsu Tongli Risheng Machinery Co., Ltd.2.43%$0.9975.51%
9569.SRAlmuneef Company for Trade, Industry, Agriculture and Contracting2.43%$0.2019.26%
ALVAutoliv, Inc.2.43%$2.9730.32%
KEPEN.ATFlour Mills Kepenos S.A.2.43%$0.0539.82%
MSAB-B.STMicro Systemation AB (publ)2.43%$1.5065.33%
NEOE3.SANeoenergia S.A.2.43%$0.7721.26%
OV8.SISheng Siong Group Ltd2.43%$0.0666.54%
VIL.PAVIEL & Cie, S.A.2.43%$0.4012.44%
002236.SZZhejiang Dahua Technology Co., Ltd.2.42%$0.4638.43%
006730.KQSeobu T&D Co., Ltd.2.42%$309.7327.66%
071050.KSKorea Investment Holdings Co., Ltd.2.42%$3,984.9313.09%
0DQK.LBeter Bed Holding N.V.2.42%$0.1553.98%
2409.TWAUO Corporation2.42%$0.3141.22%
300453.SZJiangxi Sanxin Medtec Co.,Ltd.2.42%$0.2145.08%
600064.SSNanjing Gaoke Company Limited2.42%$0.2115.60%
601236.SSHongta Securities Co., Ltd.2.42%$0.2095.69%
9550.SRSure Global Tech Company2.42%$1.5228.67%
9562.SRFoods Gate Trading Co.2.42%$0.6713.40%
AEONTS-R.BKAEON Thana Sinsap (Thailand) Public Company Limited2.42%$2.6021.04%
NMAN.STNederman Holding AB (publ)2.42%$4.0047.45%
SALIK.AESalik Company P.J.S.C.2.42%$0.1683.74%
SKMO.STSkåne-möllan AB (publ)2.42%$1.4096.86%
001130.KSDaehan Flour Mills Co.,Ltd2.41%$3,470.9210.83%
080160.KQModetour Network Inc.2.41%$249.3724.80%
0U96.LEverest Re Group, Ltd.2.41%$8.0761.23%
3591.TWacoal Holdings Corp.2.41%$106.2749.77%
601966.SSShandong Linglong Tyre Co.,Ltd.2.41%$0.3542.43%
7951.TYamaha Corporation2.41%$26.3566.95%
BORG.STBjörn Borg AB (publ)2.41%$1.5043.49%
EIOF.OLEidesvik Offshore ASA2.41%$0.3028.32%
ETTE.HEEtteplan Oyj2.41%$0.2371.21%
ZZ-B.STZinzino AB (publ)2.41%$3.7658.64%
002968.SZNew Dazheng Property Group Co., Ltd.2.40%$0.2959.28%
0NZN.LRobertet S.A.2.40%$21.1023.60%
4015.SRJamjoom Pharmaceuticals Factory Company2.40%$3.4654.14%
7703.TWORayzher2.40%$5.4959.71%
BBL.AXBrisbane Broncos Limited2.40%$0.0425.15%
002158.SZShanghai Hanbell Precise Machinery Co., Ltd.2.39%$0.6060.14%
004690.KSSamchully Co.,Ltd2.39%$3,000.0210.30%
0GVS.LCatena AB (publ)2.39%$8.7632.84%
300577.SZAnhui Korrun Co., Ltd.2.39%$0.5136.22%
3044.TWTripod Technology Corporation2.39%$7.4842.14%
603080.SSXinjiang Torch Gas Co., Ltd2.39%$0.5743.55%
6780.TWOStudy King Co., Ltd.2.39%$0.8089.60%
6804.THosiden Corporation2.39%$59.4425.81%
KBLM.JKPT Kabelindo Murni Tbk2.39%$8.0812.05%
SCANFL.HEScanfil Oyj2.39%$0.2442.33%